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20120925
20121003
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KRCB (PBS) 10
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Search Results 0 to 9 of about 10 (some duplicates have been removed)
of savings, being moderate in consumption, for a government is not to run a deficit. for a country, virtue is to have your balance of payments, if any not in deficit. now, the anglo-saxons are more accustomed to think in systemic terms what happens if each country is as virtuous as germany is? what happens to global demand then and so on and so forth? aren't these cultural aspect glz they are, indeed. >> but they determine everyday policy, if not politics. >> rose: when you look at th the-- has dealing with this crisis and having it on the front burner perhaps not ledo, you know, the end of the euro zone, as some people feared, certainly the membership in part of the euro zone, but may very well have given some momentum to monetary and fiscal and even political union? >> definitely. definitely. the man who found-- founded the concept of the european union in the late 40s and 50s, john monet. >> rose: a frchma >> said that the integration of europe will grow through crisis. and he was very right. also in that respect. because you see, when we have a serious crisis like undoubtedly the euro
this month and a new tax on lottery winners. with the new budget the government aims to cut the deficit to 4.5% of the gross domestic product in 2013. it aims to lower the rate to less than 3% in 2014 to fulfill its pledge to the european union. observers say the government may face difficulties to achieve its reduction target this year. they site sluggish growth due to a deteriorating economy than many analysts had expected. let's get a check on the market. prices rose in new york overnight as they cheered spain's effort to fix troubled finances. we got some economic data and what can you tell us about that? >> before i talk about the stock market let me dpgive you the headline figures. the industrial out put fell 1.3%. that's the second straight month of decline and it is worse than whattagists had expected. second of all we also had some inflation numbers. consumer price index fell 0.3% compared with the same month last year and that's the fourth straight month of decline underscoring japan's deflationary trends eaking of e ock market trading let's check where the nikkei average is. it's
is making it easier for congress to rack up huge deficits. he also argued for the aggressive bond buying program designed to reduce interest rates and boost hiring. darren gersh reports. >> reporter: you can expect to be hearing a lot from ben bernanke is the coming months. having pushed the federal reserve to adopt an aggressive and open-ended asset purchase program, the chairman is now defending what he did and why. and bernanke says he won't change course before many more americans are back at work. >> we expect that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economy strengthens. >> reporter: economists at barclays read the chairman's remarks to mean the central bank will keep buying treasury bonds at current levels into the coming year. >> it represents urgency for the fed. obviously, purchasing at about $85 billion per month and operating across a wide range of interest rate markets suggests the fed is indeed trying to push this faster while unemployment remains high. >> reporter: conservatives have gone after bernanke
of these things-- cognitive deficits, depression, and motor deficits-- all occur in parkinson's disease. >> narrator: zigmond suspects the connection between exercise and parkinson's goes way back in time. >> it was probably not so many generations ago that our forebearers were much more active than you and i are. the species that we evolved from probably spent a great deal of time running away, so we wouldn't be prey, or running after, so we would get prey. we don't do that anymore. >> narrator: and could the fact that we exercise less, while living in a more toxic environment, be another indicator that modern life is making matters worse? >> it's ironic that they go hand in hand: more toxins, less exercise. >> narrator: or to put it the other way around, would more exercise mean less parkinson's? the answer to that question may come from a surprising source. >> we're probably the only lab in the world that runs monkeys on treadmills. so, it is not an everyday occurrence. >> narrator: to test the impact of exercise on parkinson's, the university of pittsburgh's dr. judy cameron has div
cuts as the government tries to reduce its heavy deficit. as turmoil and tension in the euro-zone escalates, there remain questions about the longevity of the euro currency. today, italian prime minister mario monti said he doesn't think any country will leave the union. erika miller reports from new york. >> reporter: as italian prime minister mario monti left today's event, he dodged reporters and walked straight to a waiting car. earlier at the forum, it was a different story. calm, cool and collected, monti stayed carefully on message. he made it clear italy is better off as part of the european union. >> the euro brought to italy a single currency, shared with all the others, that is very important economically. >> reporter: monti also emphasized the benefits of the common currency for other member countries, like germany. >> thanks to the euro, germany was able and is able to have a huge european market free from the risk of competitive devaluations. >> reporter: euro-zone worries have roared back this week, thanks to violent demonstrations in spain. today, the spanish
about global demand. >> platinum and palladium demand is sort of in a deficit. you do have supply. you would say, well, maybe we're not producing enough. these are very difficult metals to produce. the supply constraint is such that you can't just kick new production on. as i say, it comes out of south africa. it comes out of russia, and our mine in montana. so the two metals are used primarily for the same product. and that is catalytic converters in cars. you have kind of a surging market for cars. you have the regulatory requirements stepping up in the cars. and you've got sort of this price-driven move from platinum to palladium, so the madeium is getting the bigger mrketn the cars than platinum has had in the past. so essentially the demand is really quite strong. >> tom: frank, with that cupid of demand outlook for platinum, how do you explain the price differential between gold and platinum. traditionally, as you are well aware, gold is priced per ounce below platinum but right now gold is about $100 above platinum. >> people are looking forward and saying they want something wi
the deficit -- >>> romney's worth $200 million. >>> the president's doing a mediocre job. >>> governor romney cares about big business. >>> real job growth cut the debt. >>> i had no healthcare. >>> -- to the highest corporate bidders -- >>> if you're a super pac, empowered by the supreme court's citizens united decision to take unlimited donations, you're supposed to make your donors public. and you're not supposed to coordinate your efforts with the candidate but the are ways to get around both requirements and to hide those campaign mega-dollars. instead of calling yourself a super pac you become a "social welfare" group. that's right, a "social welfare" group, and the irs designates you a 501 c) (4) non-profit. these are sucking up more and more of the big money precisely because their donors can remain secret. and just to add insult to injury, they're tax exempt. by the way, "the washington post's" chris cillizza reports that pro-romney outside groups have paid for three out of four of the ads supporting him in this election cycle while probama outside groups have paid for one in every f
of their lives because his biggest deficit in the polling that we do is that sense that he doesn't have a sense... he doesn't care about people like me. he doesn't understand the troubles and the problems that people like me have their lives. and that 47% video has been very damaging, i think, for governor romney on that point. he needs to do two things that are different and maybe hard to do. both of them simultaneously. >> woodruff: that's what i want to ask you. how much contradiction, how much of a tension do they feel in what he needs to do? >> this is so high-stakes for governor romney. this is a close race but it's a race that's bending toward president obama. this 90 minutes on stage in denver wednesday night is governor romney'sest chance to change that. >> woodruff: susan, what about the president? what does his campaign believe he has to do on wednesday? >> you know, an even-steven kind of debate would be fine with them because things are going in their direction. but he wants to keep... if romney needs to be on offense all the time he probably wants to put romney on defense for some
with the economy? how are they going to solve the deficit problem and also increase job creation?" and i'd like to hear that explained clearly, because they have two very different philosophies. third, i think that if the debates do their job, we're going to be able to answer the question, "what are the sacrifices either one is going to ask us to make?" >> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and onhe table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if so, to what level?" when someone says that about social programs, i want to also hear the answer to the question, "what are you doing with military spending? and how do you justify the tradeoff? we've gotta get the revenue someplace. where are you willing to cut? and if
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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